Tandem acquires 80,000 sq ft St Helens shed scheme
The purchase of a 6.5-acre site on the town’s Eurolink Industrial Estate is the investor’s largest to date.
Tandem Investments has acquired an 80,000 sq ft industrial complex in St Helens from a private pension fund for an estimated £3m.
Tandem is planning a wholesale refurbishment of the complex and has agreed an 8,600 sq ft pre-let with RB Furnishings for part of the scheme.
The refurbishment works will commence shortly with the repurposed units available for occupation from mid-2025 onwards. Tandem plans to appoint a letting and marketing team over the course of the next few weeks.
Chris Lloyd director at Tandem Investments, said: “Any industrial real estate close to the M62, M6 and Omega is an exciting opportunity.
“Once our refurbishment works are completed we hope it will be of interest to all types of logistic and industrial occupiers.’
Tandem Investments was represented by PK3 and CMS. The vendor was represented by Eddisons and DTM Legal.
Tandem’s growing portfolio includes STOK, an office building in Stockport, plus various industrial units across the North West.
Earlier this year, Tandem completed the purchases of a 34,000 sq ft shed in Irlam and an 18,500 sq ft unit in Trafford Park.
